With all the moving and shifting, here are the most recent numbers on the largest banks ranked by assets: A few others you know are: #12 U.S. Bancorp ($265 billion), #17 BB&T ($165 billion), #23 Fifth Third ($110 billion), #33 Comerica ($59 billion), #82 Sterling Financial,...Read More
MBS 4.5's unchanged at 100-28 10yr Tsy at 3.703 Stocks Rallying BIG into their close with S&P at 1150, same as last week's ceiling Seems like the S&P rallying from 1143 to 1150 should be more important than it's actually turning out to be for bonds. Without look...Read More
The National Association of Home Builders released their monthly Housing Market Index today. Derived from a monthly survey that NAHB has been conducting for more than 20 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expecta...Read More
The Making Home Affordable Program (HAMP) , a joint effort by the Departments of the Treasury and Housing and Urban Development to prevent foreclosures, is reporting that 168,708 homeowners have now graduated from the HAMP trial modification program and have active permanent modifications by the en...Read More
4.5's up a tick at 100-29 10yr tsy up .004 in yield to 3.704 General post-retail-sales theme, stocks down, bonds better, waiting on FOMC After starting weaker, MBS are back into the green, but only slightly. Still, looking over the past several days, we're right in the mix,...Read More
The Treasury Department this morning released Treasury International Capital data for January 2010. This report tracks flows of investment funds leaving and entering the U.S financial system. Foreign accounts bought a net total of $61.4bn in TSY notes and bonds in January 2010 . Co...Read More
As the lyrics from "Green Acres" noted, "New York is where I'd rather stay. I get allergic smelling hay. I just adore a penthouse view. Dah-ling I love you but give me Park Avenue." New York regulators on Friday closed the Park Avenue Bank wit...Read More
Good Morning. An essentially empty econ calendar made it easy for rates traders to price in a pre-auction concession last week. The corresponding effect was higher benchmark yields and steeper yield curve (more expensive funding for TSY too!). However, healthy demand was seen takin...Read More
Equity markets are mostly lower across the globe Monday, leading US stocks to open sharply lower ahead of a moderately busy schedule. Two hours before the bell sounds, Dow futures are off 30 points to 10,543 and S&P 500 futures are down 4.50 points to 1,142.00. Commodity prices are mixed as WTI...Read More
(A bit long, but another worthwhile closing post to read... with some not-often-phrased-in-such-a-way explanations. I enjoyed writing it at least. Let me know what you think.) You know the "stock lever?" If not, that's the term we use to describe the common occurrence...Read More
Politicians and the public question global climate change evidence, so scientists look to Hollywood and websites for a new voice. Lights, camera, science!
Politicians and the public question global climate change evidence, so scientists look to Hollywood and websites for a new voice. Lights, camera, science!
Politicians and the public question global climate change evidence, so scientists look to Hollywood and websites for a new voice. Lights, camera, science!
Politicians and the public question global climate change evidence, so scientists look to Hollywood and websites for a new voice. Lights, camera, science!
Twitter CEO Evan Williams has taken the wraps off @anywhere, a service which will allow users to access their Twitter feeds from third-party sites. As of SXSW, initial @anywhere launch partners include the New York Times and the Huffington Post.
With the 'March Madness' NCAA men's basketball tournament set to begin Tuesday, here's a quick list of fun facts on the 65-team field. Which team has the longest current winning streak, you ask?
Egypt has been churning with speculation after President Hosni Mubarak had surgery in Germany last week, despite official reports that he's recovering well. He has ruled the country for nearly three decades.